In a recent turn
of events, the Union Cabinet has introduced certain changes in the labour laws
of the nation, and has approved a significantly humongous package of Rs. 6,000
crore for the textile and apparel segment, in this effect.
It was only this month that the Tamil Nadu State Government announced various schemes to boost the state’s textile industry. In fact, the Chief Minister of the State, Ms Jayalalitha also waved a green flag for the setting up of a panel which is assumed to aid integrated development of this sector.